The data shows the estimated market value of grow lights in the U.S. from 2014 to 2025, by technology. In 2016, the market value of fluorescent grow lights amounted to approx. 50 million USD, and the plasma grow lights were valued about 30 million dollars that year.
2014 | 20 | 50 | 80 | 120 |
2015 | 20 | 50 | 100 | 120 |
2016 | 30 | 50 | 110 | 130 |
2017 | 40 | 50 | 120 | 140 |
2018 | 60 | 50 | 140 | 140 |
2019 | 70 | 50 | 160 | 150 |
2020 | 80 | 50 | 170 | 160 |
2021 | 100 | 50 | 190 | 170 |
2022 | 110 | 50 | 220 | 180 |
2023 | 130 | 50 | 240 | 190 |
2024 | 150 | 50 | 270 | 200 |
2025 | 170 | 50 | 310 | 210 |